Problems and Materials on Secured Transactions

Douglas Whaley applies his proven problem-oriented approach on secured transactions law and creates a straightforward, practical text that guides student through the complexities of statutory language. Problems and Materials on Secured Transactions, Sixth Edition, addresses all changes to Article 9 to keep your course completely current. Longtime users will recognize these popular features: direct, problem-based pedagogy helps students build confidence by resolving problems that progress from easy to more challenging concise but comprehensive treatment of black letter law the expertise of a distinguished teacher and author by who has developed a successful series of commercial law texts flexible content and organization makes the book easily adaptable to various teaching styles For the Sixth Edition Article 9 coverage has been completely revised and is now up to date cases decided between editions have been added existing problems have been updated, and new ones added where appropriate For an exploration of statutory language of unmatched clarity and effectiveness, be sure to adopt Problems and Materials on Secured Transactions, Sixth Edition.

From inside the book

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Page 25W. Hawkland, The Proposed Amendments to Article 9 of the UCC — Part 5:
Consignments and Equipment Leases, 77 Com. L.J. 108, 113 (1972) . The tax/
accounting tests tend to focus on the "intention of the parties" and on two other
factors: ...

Page 29See May 16, 1996, Truck Lease Agreement at paragraph 8. Contrary to
Associates suggestion, however, the Court treats the final adjustment clause in
this case as simply an option for the debtor to purchase the equipment at the end
of the ...

Page 33equity in the lessee has been held to be one of the distinctive characteristics of a lease intended for security."). These factors are intertwined. "If a lease contains
an option to purchase for no or nominal consideration . . . , it suggests that the ...

one of the better texts for teaching secured transactions. it's especially nice if you want the who class to be on the same page, so to speak, without having to assign reading and hope everyone reads it well enough.